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Fomo Lab

Building Bridges Between Web 2.5 and Web 3.0

Often when people hear about Web 2 and Web 3, they aren’t sure what these terms mean and negate them to some geeky pursuit of IT experts. However, these two terms are simply reiterations of the most basic internet which was invented in the 90s. They are not too far removed from the ordinary online world we know and love today, they just need to be broken down. In this article, we’ll demonstrate how innovations are powering the internet of the future.

So, what are Web 2 and Web 3?

Web 2 is the current form the internet has today characterised by user-generated content, social connectivity, and interactivity as opposed to the static pages of Web 1 sites.

Web 3 is the future of the internet, which will be dominated by machine learning, artificial intelligence, openness, decentralisation, and greater usability. Right now, a number of the attributes of Web 3 are already in use by some niche web users while others are still being innovated and tested.

Regarding social media, things will not be the same once we leap to Web 3. However, for Web 3 technologies such as blockchain to see mass adoption, bridges are needed to help people cross the chasm between those two web paradigms. Fortunately, some bridges are already being built to make the transition easier.

Products built around communities are just some of the bridges we are seeing.

Social media is expected to be at the forefront of driving the transition from Web 2.0 to Web 3.0 given that a lot of business is conducted through social media platforms and billions of people use those sites regularly. The fact that the tech companies owning those social media platforms are also on the cutting edge of pushing tech to its limits means that massive resources are being invested in seeing how the attributes of Web 3.0 can be incorporated on an incremental basis into the design of those platforms.

Web 3.0 promises to usher in exciting new possibilities!

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Fomo Lab is the leading intellectual property specialist who guides brands as they join the NFT and metaverse space to become part of the web3 revolution. Fomo Lab are also bringing an entire DeFi product ecosystem to the market and are ensuring NFTs are accessible to the masses.

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Fomo Lab

Fomo Lab

FOMO Lab is a full suite DeFi NFT platform, management company & creation studio.

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